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Sources: Major update on £600m Everton full takeover
Everton remain in talks over fresh investment but a deal to take over the club is not imminent, sources have told Football Insider.
Toffees owner Farhad Moshiri is continuing to hold negotiations with two US-based firms, with the acquisition of a minority stake and a full takeover both being discussed.
But Football Insider understands that recent reports suggesting Miami-based 777 Partners are on the brink of completing a deal are wide of the mark.
Sources close to the Miami-based group this week described those claims as “premature”.
They are hoping to add Everton to an investment portfolio that already contains several football clubs, including Genoa, Sevilla and Standard Liege.
However, 777 are not the only group in contention, with New York-based MSP Sports Capital understood to still be in talks with Moshiri.
The group’s co-founder and chairman Jahm Najafi, co-founder and CEO Jeff Moorad and vice-president Pete Taylor all attended the Toffees’ 2-1 defeat to Southampton at Goodison Park in January.
And it remains possible that they will add to their stakes in FC Augsburg, AD Alorcon, GD Estoril and SK Beveren by investing in Everton.
The Merseyside club are keen to secure additional funding as they look to complete the building of a new stadium at Bramley Moore Dock that, according to Moshiri, will end up costing £760m.
But talks over investment are most likely being held up by an ongoing battle against relegation from the Premier League, which would undoubtedly impact any valuation.
Manager Sean Dyche, who has recently steered the Blues away from the drop zone to boost their survival hopes, was asked about potential investment at his press conference on Thursday.
He said: “Mr Moshiri went out a while ago and said he was looking for further investment, that’s the way it is. I don’t need to know anything until I need to know it and at the moment I don’t need to.”
In other news, Everton are willing to accept £50m to sell one of their star men this summer.